Indiana Code 8-1-30.3-1. “Cost differential”
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Sec. 1. As used in this chapter, “cost differential” means the difference between:
(2) the difference between:
(1) the cost to a utility company that acquires utility property from an offered utility, including the purchase price, incidental expenses, and other costs of acquisition; minus
Terms Used In Indiana Code 8-1-30.3-1
- offered utility: means a utility company whose property is the subject of an acquisition described in section 5(a) of this chapter. See Indiana Code 8-1-30.3-2.6
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- utility company: means :
Indiana Code 8-1-30.3-3
- utility property: refers to property of a utility company that is the subject of an acquisition described in section 5(a) of this chapter. See Indiana Code 8-1-30.3-4
(A) the cost of the utility property when originally put into service by the offered utility; minus
(B) contributions or advances in aid of construction plus applicable accrued depreciation.
As added by P.L.189-2015, SEC.1. Amended by P.L.229-2019, SEC.2.